Ricardo Hausmann, a former minister of planning of Venezuela and former Chief Economist of the Inter-American Development Bank, is Director of the Center for International Development at Harvard University and a professor of economics at the Harvard Kennedy School.

Comments

Great post Ricardo! Also love the last part about Colombia ... having been here for the past 3 years, in a country with the ability to implement a different model, they have decided to focus on "indexes" created by OECD countries that have little chance of success here when they are addressed individually instead of collectively. Read more

Very important, but /Learning Without Theory/ >>> become theory---Symbolic Capitalism Revolution---Where/when the terrorism become invisible power, Without identity, anti-live , there Ideology driven from death, The life exist in the Hereafter.The future is Haram - Forbidden

https://futuredge.wordpress.com/2016/03/31/terrorism-post-globalization/ Read more

An interesting series of observations. Hausmann has called attention to a phenomenon which has a certain relevance for the contemporary world - keen observation is the key to human/social transformation.Over the course of the 20th century, four countries -Japan, Singapore, Taiwan, and the People's Republic of China - have engaged in keen observation of the West and the four have been central, individually and collectively, to the transformation of the international economy/system since the 1970s.Imitation should not be discounted in the construction of theory - either to explain success and/or failure. Read more

It is mindboggling how in all writings about Inclusive Growth and Development nothing is said about the risk weighted capital requirements for banks, which by distorting the allocation of bank credit in favor of “the safe” and therefor in detriment of “the risky”, hinders growth and development while boosting exclusion and inequality.

http://subprimeregulations.blogspot.se/2014/12/bank-regulators-originated-and.htmlRead more

Yes Per the funding is the key for economical inclusive aims. Capital democratisation is needed as a Medular local strategy for innovation enterprenurship. How many Projects could come to live and how many quality jobs could be created? Read more

“Country after country try to improve their competitiveness ranking by working on things that are in the index but that do not really improve their performance. And they are late in finding out, because they do improve their ranking in the index.”

That is exactly what the Extractive Industry Transparency Initiative does. EITI tells you that “If there’s transparency it does not matter that a government, like that of Venezuela, concentrates 97 percent of all the export revenues of a nation.

http://theoilcurse.blogspot.com/2009/11/eiti-please-change-your-2nd-principle.htmlRead more

'Sustainable growth' is one of those most overused oxymorons on our planet.As sustainable is defined as the ability to be maintained (i.e. in perpetuity), infinite growth is impossible on a finite planet. You'd think economists (who one would assume are relatively well educated) would know this and not use such a term and even discuss the possibility.http://olduvai.ca Read more

Well, if you consider that standing still is the natural sate of a body, then yes its an oxymoron, but the natural state for an economy is growth, which makes "sustainable growth" not an oxymoron but a poleonasm Read more

Benchmark is consultant lingo, or more in more common language, consultant BS.

Benchmark suffers from selection bias, to copy successful behaviors isn't enough, we must see if all the subjects with the behavior we want to copy have been successful.

"We do not really know what could make growth more inclusive, countries more competitive, and development more sustainable in each country and region; and we should not pretend that we do."

I always hate when some people make such claims. Mr. Hausmann, its now we, its you. YOU don't know what makes growth more inclusive, which isn't a big surprise coming from someone who defends your points of view, the only surprise is that you even care about inclusive growth. Read more

PS On Air: The Super Germ Threat

NOV 2, 2016

In the latest edition of PS On
Air
, Jim O’Neill discusses how to beat antimicrobial resistance, which
threatens millions of lives, with Gavekal Dragonomics’ Anatole Kaletsky
and Leonardo Maisano of
Il Sole 24 Ore.

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